by michael_tyler Yes. It’s like a giveaway. As we know Joe has some success rolling over his fellow democrats and it looks as though this act which has massive financial incentives for green energy, both for consumers and the companies …
Senate Democrats adopt unofficial “Don’t Test, Don’t Tell” protocol as Inflation Reduction Act nears finish line https://t.co/jzvgg2S36O pic.twitter.com/UGFFEVp4bG — Katherine Doyle (@katiadoyl) August 5, 2022
by silvertomars Workers at UK’s largest container port goes on strike for 8 days after rejecting a pay increase of 7%… this would represent a real pay decrease as UK inflation is running at 9.4% and BOE is expecting inflation to …
by Shaun Richards Sometimes the media debate catches up with us. Admittedly this is something we have looked at for years and they are only doing it because a Prime Ministerial candidate and in particular the front-runner in the stakes …
Manchin reached deal with Majority Leader Charles Schumer on package, which raises $739 billion in revenue Most comes from new 15% minimum bracket for large corporations Sinema wants to strike provisions ending carried interest loophole It brings in $14 billion …
During an interview with Reuters broadcast live on Twitter spaces, Daly said: “I don’t feel the pain of inflation anymore. I see prices rising but I have enough… I sometimes balk at the price of things, but I don’t find …
Inflation has emerged as the top issue for most Americans ahead of the midterm elections. Rising labor costs, energy prices, and interest rates are increasingly adding to inflationary woes. And much to the Biden administration’s chagrin, the $1.9 trillion American Rescue Plan is the …
Economic experts and Biden Administration officials have come to a census regarding the Inflation Reduction Act, agreeing that the $739 billion democratic spending plan will do next to nothing to combat inflated prices over the next decade. The massive spending package, …
By Michael Lebowitz The markets are now betting that inflation will soon subside, allowing the Fed to pivot. But, if inflation proves persistent and not transitory, the Fed may have much more work to do, to the detriment of asset …
by Paul Craig Roberts via PaulCraigRoberts.org As I recently wrote, the US no longer has an economy. America is a market for goods produced offshore with foreign labor that US global corporations sell to Americans. The US which once produced its own manufactured …
https://twitter.com/WallStreetSilv/status/1554534999470252034 Fed: we are done with forward guidance Also Fed: we will not be cutting rates for a long, long time — zerohedge (@zerohedge) August 2, 2022 https://twitter.com/RetirementRight/status/1554532836664754177
Retail giant Walmart announced a new program created to help customers discover refurbished products at “everyday low prices.” As people look for ways to save money, “like-new” refurbished items have become a popular way to reduce costs without compromising on …
FOX Business host Larry Kudlow voices his concerns over government spending and weighs in on the Inflation Reduction Act on ‘Kudlow.’ AC
by Charles Hugh-Smith A strong currency exports inflation to those nations which do not issue the currency. Though it’s difficult to be confident of anything in the current flux, I am pretty confident of three things: 1) price is set …
by BoatSurfer600 Thanks to our corrupt elites and criminal central bankers, soon we will all be Lebanon. Soaring inflation is making South-East Asians hungrier and poorer• Food represents huge share of total spending in many economies, esp. 🇲🇲, 🇱🇦, …
by Ron Paul via Birch Gold Group I recently saw a survey that reported the majority of Americans, regardless of their political affiliation or income level, agree that inflation is their number one concern. That’s not surprising. An 8.6% destruction of your purchasing power …
With no break in sight for rising prices, nearly two-thirds of all Americans are living paycheck to paycheck, according to a recent report. Even top earners say they are stretched thin, the report found. Over one month, average savings dropped …
by Boo_Randy Pay no attention to what these Keynesian fraudsters say, only to what they do or don’t do. The Fed has no intention of combating inflation – they are still expanding their balance sheet and issuing trillions in new …
by BoatSurfer600 Inflation is so high that Americans are cutting back on food spending, per WSJ. — unusual_whales (@unusual_whales) July 31, 2022 The nonprofit food bank is spending 40% more to purchase the same amount of supplies as last year, …
https://twitter.com/SonofHas/status/1553475965636026369
by Boo_Randy It’s going to get harder for the Brandon regime, Yellen the Felon, and the pathological liars at the Fed to keep up their dissembling about the true extent of stagflation when even their media lapdogs are starting to …
by BoatSurfer600 All over the western world, wages are being outstripped by runaway inflation, yet the central banks are still not tightening for real, and continue to create trillions out of thin air for their bond-buying sprees. https://asia.nikkei.com/Economy/Inflation/Australian-inflation-rises-to-21-year-high-peak-still-to-come Annual CPI …
by Boo_Randy Do these food banks not understand that we have the “strongest economy ever” and we are not in a recession? https://www.foxbusiness.com/economy/food-banks-face-inflation-struggles-surging-demand-never-seen-anything-like-this Community FoodBank of NJ spending 40% more on yearly supplies, stretching donations with 20% more clientele
https://www.nytimes.com/2022/07/29/business/economy/neel-kashkari-federal-reserve.html “I’m surprised by markets’ interpretation,” Mr. Kashkari said in an interview. “The committee is united in our determination to get inflation back down to 2 percent, and I think we’re going to continue to do what we need to …
https://twitter.com/WallStreetSilv/status/1552672141530865665 The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command. Weird how 2 consecutive quarter declines in GDP was a recession each time except this time. pic.twitter.com/CnxlV9mvWW — Sven …
Chris Martenson – Twitter, Released on 7/28/22 Read more about it here: https://www.politico.com/news/2022/07/27/manchin-schumer So, just to be clear, the goobermint is proposing $750 billion in NEW spending and calling it "THE INFLATION REDUCTION ACT"?? — Chris Martenson (@chrismartenson) July 28, 2022 …
CNBC, Released on 7/27/22 Federal Reserve Chair Jerome Powell addresses questions from reporters after the FOMC decided to raise the federal funds rate by 75 basis points.
by Michael Under normal circumstances, this would never happen. Normally, you would never have raging inflation and a housing crash at the same time. But thanks to the Federal Reserve that is precisely what we are now facing. The Fed …
posted by Stewart Thomson on 321gold.com: What will the Fed meet bring for the major markets? Please click here now. Double-click to enlarge this Brent crude oil chart. There’s an inverse H&S bottom in play and Brent may be leading the price of Texas …
